Finance & Capital Markets

With an ever-growing and ever-changing pool of investors, capital markets activity in New Jersey is thriving like never before.

Finance & Capital Markets
New York Life inks $135 million loan for mixed-use Fort Lee project

New York Life Insurance Co. has originated $135 million in financing for Hudson Lights, the two-year-old residential and retail property near the George Washington Bridge in Fort Lee.

Finance & Capital Markets
Procida fund tops $500 million in loan originations

A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.

Finance & Capital Markets
Developers land $64 million loan for Hoboken ‘Wonder Lofts’ project

A joint venture has closed on a $64 million loan for its plans to convert a historic Wonder Bread factory in Hoboken into an 89-unit luxury residential building.

Finance & Capital Markets
Progress closes $4.2 million loan for South Bronx project

Progress Capital Advisors has brokered more than $4 million in financing for the developer of a seven-unit luxury residential complex in the South Bronx, the Tinton Falls-based firm said.

Professional Services
Heller: Avison Young eyeing continued growth in New Jersey

Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state. 

Finance & Capital Markets
Mortgage banker touts $52 million loan for Bayshore multifamily deal

A commercial mortgage banking and investment sales firm has announced nearly $52 million in financing for the recent sale of a garden apartment complex in Monmouth County.

Finance & Capital Markets
Kennedy closes $2.75 million loan in Colombia, its latest abroad

An Englewood Cliffs-based lender has added to its international portfolio with the closing of a $2.75 million loan for a land acquisition in Colombia

Finance & Capital Markets
KRE Group, National close on $210 million loan for Journal Squared

Kushner Real Estate Group and National Real Estate Advisors have landed $210 million in permanent financing for the first phase of Journal Squared, a sprawling redevelopment in Jersey City that will bring three new towers with more than 1,800 apartments.

Residential & Mixed Use
New York Life lends $131 million for Jersey City apartment tower

Roseland Residential Trust has landed a $131 million mortgage loan from New York Life Real Estate Investors in connection with a 412-unit apartment tower in Jersey City.

Residential & Mixed Use
Jersey City portfolio owner refinances for $7.23 million, Progress says

Progress Capital Advisors has secured more than $7 million for a client to refinance a four-building multifamily and retail portfolio in Jersey City, the firm announced.